Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NHK Spring CoNHKGF 73 Equity-to-Asset is 0.59 as of Mar. 2026, which is 11% above its 10-year median of 0.53. GuruFocus rates NHKGF with a GF Score™ of 73/100 and a GF Value™ of $13.68. The stock has 1 warning sign investors should review. Among 1,332 Vehicles & Parts companies, NHK Spring Co ranks better than 69.44% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NHK Spring Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,713 Mil. NHK Spring Co's Total Assets for the quarter that ended in Mar. 2026 was $4,592 Mil.
Therefore, NHK Spring Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.59.
The historical rank and industry rank for NHK Spring Co's Equity-to-Asset or its related term are showing as below:
NHKGF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.53 Max: 0.6
Current: 0.6
During the past 13 years, the highest Equity to Asset Ratio of NHK Spring Co was 0.60. The lowest was 0.49. And the median was 0.53.
NHKGF's Equity-to-Asset is ranked better than 69.44% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 0.49
vs NHKGF: 0.60
NHK Spring Co (OTCPK:NHKGF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
NHK Spring Co Equity-to-Asset Related Terms
NHK Spring Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NHK Spring Co's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, NHK Spring Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NHK Spring Co Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NHK Spring Co's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
NHK Spring Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NHK Spring Co (NHKGF) has a Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NHK Spring Co and its competitors. This is 11% above median its historical median of 0.53. Over the past decade, NHK Spring Co's Equity-to-Asset has ranged from 0.49 to 0.60. According to the industry distribution chart, NHK Spring Co ranks #407 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 30.6%.
Is NHK Spring Co's Equity-to-Asset too high?
NHK Spring Co's current Equity-to-Asset of 0.59 is 11% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.60. The Vehicles & Parts industry median Equity-to-Asset is 0.49. NHK Spring Co's value of 0.59 is 20.4% above this industry median. Based on the distribution chart, NHK Spring Co ranks #407 out of 1332 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, NHK Spring Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Equity-to-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #407 out of 1332 companies for Equity-to-Asset. This puts NHK Spring Co in the upper half of its industry. The industry median Equity-to-Asset is 0.49. NHK Spring Co's value of 0.59 is 20.4% above this benchmark. Historically, NHK Spring Co's own Equity-to-Asset has ranged from 0.49 to 0.60 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.49, NHK Spring Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,332 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NHK Spring Co's current Equity-to-Asset of 0.59 is 20.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NHK Spring Co and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NHK Spring Co's current Equity-to-Asset is 0.59, which is 11% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
NHK Spring Co (NHKGF) has a current Equity-to-Asset of 0.59. The stock's GF Value™ is $13.68, compared to a current price of $24.51 — trading 79.2% above its estimated fair value. The current Equity-to-Asset is 0.59, which is 11% above median its 10-year median of 0.53 and 20.4% above the Vehicles & Parts industry median of 0.49. NHK Spring Co's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For NHK Spring Co (NHKGF), the current Equity-to-Asset is 0.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NHK Spring Co (NHKGF) Overvalued in 2026?
Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued.
The current stock price of $24.51 is trading 79.2% above its estimated GF Value™ of $13.68.
Key valuation signals for NHKGF:
Equity-to-Asset: 0.59 (11% above median its 10-year median of 0.53)
GF Value™: $13.68 vs. price of $24.51 (79.2% above fair value)
Industry Position: 20.4% above the Vehicles & Parts median (#407 of 1332)
No single metric tells the full story. See the NHKGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
73GF Score
Get the complete analysis for NHKGF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NHKGF has been successfully added to your 
